Driver 1

Oil & Gas Property in Freestone County, TX

Property Summary

Key data points for Driver 1

CountyFreestone County, TX
OperatorVALENCE OPERATING COMPANY
Production DatesJan 1993 - Sep 2024
Total Oil Production4,998 BBLs
Total Gas Production4,826,098 MCF
Recent Oil Production13 BBLs in Aug 2024
Recent Gas Production2,534 MCF in Aug 2024
Wells on Property2

Our Valuation Estimates for Driver 1

ShaleAssessment

Not Available

MarketMultiple

$4,624 **

* Assessment based on future expected revenue
** Based on a 36 month multiple of average monthly estimated revenue

Based on a decimal interest

Driver 1 Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Driver 1
from Jan 1993 to Sep 2024

Wells on Driver 1

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-161-30184DRIVER 1VALENCE OPERATING COMPANYProducingFreestone County, TX31.674419-96.235838
42-161-30796DRIVER #1 2TXO PRODUCTION CORP.Plugged Gas WellFreestone County, TX31.680430-96.235342

Leases included in Driver 1

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
05-076630DRIVER 1VALENCE OPERATING COMPANYFreestone County, TX
05-108003DRIVER #1 2VALENCE OPERATING COMPANYFreestone County, TX
05-145789DRIVER 1VALENCE OPERATING COMPANYFreestone County, TX
05-146009DRIVER #1 2VALENCE OPERATING COMPANYFreestone County, TX

Nearby Properties

These are the closest 20 properties to the Driver 1 property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
Booth Gas UnitFreestone County, TX0 BBLs3,354 MCFSep 2024
BoydFreestone County, TX39 BBLs15,890 MCFSep 2024
Boyd-Pickett Gas UnitFreestone County, TX4 BBLs24,490 MCFSep 2024
Chancellor Unit No. 1Freestone County, TX3 BBLs3,411 MCFSep 2024
Dowell Gas UnitFreestone County, TX0 BBLs2,591 MCFSep 2024
Dunlap Gas UnitFreestone County, TX8 BBLs38,891 MCFSep 2024
Hale UnitFreestone County, TX0 BBLs2,400 MCFSep 2024
Henderson-LottFreestone County, TX1 BBLs17,393 MCFSep 2024
Hullum Heirs Gas UnitFreestone County, TX0 BBLs3,357 MCFSep 2024
King ZenoFreestone County, TX0 BBLs2,460 MCFSep 2024
Middleton RFreestone County, TX6 BBLs3,481 MCFSep 2024
Mitchell J. WFreestone County, TX161 BBLs7,909 MCFSep 2024
Northen Gas UnitFreestone County, TX20 BBLs17,105 MCFSep 2024
Pickett #1 Gas UnitFreestone County, TX7 BBLs13,780 MCFSep 2024
Reed Gas Unit No. 4Freestone County, TX0 BBLs1,456 MCFSep 2024
Reed Gu #4Freestone County, TX1 BBLs5,276 MCFSep 2024
Ruby Middleton GFreestone County, TX5 BBLs5,023 MCFSep 2024
Sneed Gas UnitFreestone County, TX0 BBLs0 MCFSep 2009
WettermarkFreestone County, TX4 BBLs9,457 MCFSep 2024
Zeno King Gas UnitFreestone County, TX1 BBLs11,066 MCFSep 2024

Owners of Driver 1

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2024VALENCE OPERATING CO (MIN)DRIVERVALENCE
2024BEAIRD RESOURCES INCDRIVERVALENCE
2024TEXAS CANEY CREEK RANCH LLCDRIVERVALENCE
2024UNION OIL CO OF CALIFORNIADRIVERVALENCE
2024SWINBURN O EDRIVERVALENCE
2024SWINBURN OLIVER E & SHIRLEY ADRIVERVALENCE
2024DRIVER FARMS IRREVOCABLE TRUSTDRIVERVALENCE
2024STUVER JOHN JEFFREYDRIVERVALENCE
Displaying 8 of 57 Owners   --   Full Ownership Data Available for Subscribers Only

Oil & Gas Sales on Driver 1

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
05-145789DRIVER 1Apr 2024ENBRIDGE PIPELINES (EAST TEXAS) L.P.VALENCE OPERATING COMPANY
05-145789DRIVER 1Apr 2024VALENCE OPERATING COMPANYVALENCE OPERATING COMPANY
05-145789DRIVER 1Mar 2024ENBRIDGE PIPELINES (EAST TEXAS) L.P.VALENCE OPERATING COMPANY
05-145789DRIVER 1Mar 2024VALENCE OPERATING COMPANYVALENCE OPERATING COMPANY
05-145789DRIVER 1Feb 2024ENBRIDGE PIPELINES (EAST TEXAS) L.P.VALENCE OPERATING COMPANY
05-145789DRIVER 1Feb 2024VALENCE OPERATING COMPANYVALENCE OPERATING COMPANY
05-145789DRIVER 1Jan 2024ENBRIDGE PIPELINES (EAST TEXAS) L.P.VALENCE OPERATING COMPANY
05-145789DRIVER 1Jan 2024VALENCE OPERATING COMPANYVALENCE OPERATING COMPANY
05-145789DRIVER 1Dec 2023VALENCE OPERATING COMPANYVALENCE OPERATING COMPANY
05-145789DRIVER 1Dec 2023ENBRIDGE PIPELINES (EAST TEXAS) L.P.VALENCE OPERATING COMPANY
05-145789DRIVER 1Nov 2023ENBRIDGE PIPELINES (EAST TEXAS) L.P.VALENCE OPERATING COMPANY
05-145789DRIVER 1Nov 2023VALENCE OPERATING COMPANYVALENCE OPERATING COMPANY
05-145789DRIVER 1Oct 2023ENBRIDGE PIPELINES (EAST TEXAS) L.P.VALENCE OPERATING COMPANY
05-145789DRIVER 1Oct 2023VALENCE OPERATING COMPANYVALENCE OPERATING COMPANY
05-145789DRIVER 1Sep 2023ENBRIDGE PIPELINES (EAST TEXAS) L.P.VALENCE OPERATING COMPANY
05-145789DRIVER 1Sep 2023VALENCE OPERATING COMPANYVALENCE OPERATING COMPANY
05-145789DRIVER 1Aug 2023VALENCE OPERATING COMPANYVALENCE OPERATING COMPANY
05-145789DRIVER 1Aug 2023ENBRIDGE PIPELINES (EAST TEXAS) L.P.VALENCE OPERATING COMPANY
05-145789DRIVER 1Jul 2023ENBRIDGE PIPELINES (EAST TEXAS) L.P.VALENCE OPERATING COMPANY
05-145789DRIVER 1Jul 2023VALENCE OPERATING COMPANYVALENCE OPERATING COMPANY
05-145789DRIVER 1Jun 2023ENBRIDGE PIPELINES (EAST TEXAS) L.P.VALENCE OPERATING COMPANY
05-145789DRIVER 1Jun 2023VALENCE OPERATING COMPANYVALENCE OPERATING COMPANY
05-145789DRIVER 1May 2023VALENCE OPERATING COMPANYVALENCE OPERATING COMPANY
05-145789DRIVER 1May 2023ENBRIDGE PIPELINES (EAST TEXAS) L.P.VALENCE OPERATING COMPANY
05-145789DRIVER 1Apr 2023ENBRIDGE PIPELINES (EAST TEXAS) L.P.VALENCE OPERATING COMPANY